MARKET TREND:
Yesterday
Market has moved as we expected and closed above 50 DMA. Today Nifty
may try to Fill the Gap of 6250/6260 level (may be with Derivative
Section) to complete its up journey. Already good amount of roll overs
taken place (in the market futures volumes & near futures volumes
indicate) has taken place. But system still holding small amount of
Shorts and with this coverage market likely to go for Gap Filling of
Nifty.
Today market likely to open
with positive bias in line with SGX NIFTY and close in marginally
positive. Day Traders can start their position (in case they went for
longs in opening) @ 6220/6230 level with 6250/6260 SL. In opening going
for 6250 CE (march) will more feasable.
NIFTY SPOT LEVELS:
Pivot: 6170
Resistance: 6210/6230/6270
Support: 6147/6108/6085
NIFTY FnO BAN: NIL
STOCKS FOR DAY:
VOLTAS EQ: BUY > 126.75 TRG 130.50 SL 124.50
ADANI PORT EQ: SELL < 166 TRG 162 SL 169
WIPRO EQ: BUY > 577 TRG 583 SL 571 
No comments:
Post a Comment